28 Jul 2025
📈SEC Extends Exemptive Relief for CAT NMS Requirements
Order Extending Temporary Conditional Exemptive Relief, Pursuant to Section 36(a)(1) of the Securities Exchange Act of 1934 and Rule 608(e) of Regulation NMS Thereunder, From Certain Requirements of Appendix D, Section 3 of the National Market System Plan Governing the Consolidated Audit Trail
Summary
The SEC has granted an extension of temporary conditional exemptive relief regarding certain requirements under the CAT NMS Plan. This extension addresses lifecycle linkages between customer and representative orders, providing additional time for businesses to comply and preventing potential operational challenges associated with immediate compliance.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The text discusses the SEC's extension of temporary conditional exemptive relief for compliance with specific regulatory requirements concerning the CAT. This has direct implications for businesses that may struggle to comply with these requirements without the extension. It indicates potential operational challenges and increased costs if left unaddressed.